Beeson Greg.Grp Share Discussion Threads

[stuie] 10/11/2000 16:59

possible reason for bgg's recent climb could be down to the fact that the founder of arc cores has just joined the board of INDEX IT.He must have a good view on technology start up's.

[biztraders] 10/11/2000 00:36

Bloomberg tipster today said they are a LONG TERM buy.
Arc + other investments.
I bought at floatation and will keep until they hit £4.50

[dr agon] 09/11/2000 17:23

someone bought 50,000 @ 278p right on the close, should open positive tommorow.

[breo] 09/11/2000 07:54

I cant see any articles that has given rise to yesterday's improvement here's hoping something is in the pipeline

[dr agon] 08/11/2000 15:57

maybe because there undervalued?

[leslas] 08/11/2000 11:46

Up 6.5% any reason why

[pvthom] 21/9/2000 11:25

reported in 'THE TIMES'page 28 on Wed 19 July 2000- Beeson Gregory holds just under 4% of ARC which floated today at a very large premium.

[mattjos] 09/9/2000 12:54

Too late matey - worth trying again in January

[capitalist] 08/9/2000 08:00

From the results this morning.

KEY POINTS


2000 1999 % change

Turnover (#'m) 26.41 8.00 +230
Profit before tax(#'m) 11.37 2.69 +323

Earnings per share:
Basic(p) 14.28 4.42 +223
Diluted(p) 13.31 4.10 +225

Dividend per share (p) 1.75 N/A N/A



- Strong performance across the Group's operations

- IndexIT acquired in March - focus on advising
enabling technology companies - #2m of cash revenue
contribution

- April flotation raised #30m of which #20m was for
investment by Beeson Gregory Technology Investments -
#11.22m already invested in 19 companies

- Boston subsidiary acquired during period

- Formation of Beeson Gregory Investment Management

Commenting on the outlook, Andrew Beeson, Chief
Executive, said:

' ..We are building a broader business where the
complementary revenue streams give us a more balanced
overall income flow .. Results for the normally quiet
months of July and August have been good and I look
forward to the second half with some confidence.'

Enjoy
C

[capitalist] 04/9/2000 23:42

Thanks Irlon, looking good.
C

[irlon] 04/9/2000 23:31

Did anyone care to notice the following tiny snippet released after the close today:

RNS Number:3889Q
Beeson Gregory Group PLC
4 September 2000


BEESON GREGORY GROUP PLC

INTERIM RESULTS

Beeson Gregory Group plc ('Beeson Gregory' or the
'Company') has noted the recent press speculation
regarding the Company's interim results for the six
months ended June 2000.

The directors of Beeson Gregory confirm that the interim
results for the six months ended 30 June 2000, which will
be released on 8 September 2000, are likely to be
significantly above those for the whole year ended 31
December 1999.

Enquiries:
Andrew Beeson, Chief Executive 020 7488 4040


END
MSCUUURUBUPUGMC


Well?

I

[bensimon] 03/9/2000 16:31

DEAR ALL,
I WAS TIPPED BY FEW COLLEAGUES OF MINE TO BUY THIS STOCK.
THEY WILL REPORT ON THIS COMING FRIDAY
ANY VIEWS WILL BE WELCOMED

[willo] 01/9/2000 10:09

Better than Durlacher IMHO - Recent IPOs include Knowledge Management Systems and JSB (now Surf Control). These are much better quality companies than the likes of 365 Corp which propelled Durlacher to the £1bn level. For those of you who followed Memory Corp, you may be interested to know that DigMedia, which is listed above, was spun out of this business by David Savage who has a lot of admirers.

[matthewa] 01/9/2000 09:37

This is a great stock - not just because of the holding in ARC and other tech shares but because they have been quick off the mark in diversifying the business. For example, they recently poached the smaller company fund management team from Dresdner RCM. The company is not just another incubator but now has fund management, broking and corporate finance in its portfolio.

[bigman] 30/8/2000 09:51

I like this one been in it for a while, do they have shares in the stockmarket as well ? if that is they case should they not benefit from any takeover/merger.
Anyway I am still sitting on a loss as got in early but have averaged down, which I am not fond of doing but I think it will recover well

[blueday] 30/8/2000 00:40

A very nice piece on Active Investor :-



Beeson Gregory
Mistakenly, most investors seem to have the view that Beeson Gregory (BGG) is just another quoted stockbroking outfit. It is, rather, an excellent way to play this coming market move -- see my Private Investor Alert for more -- with almost no risk.

Beeson Gregory, founded in 1989, is a London-based investment banking business with a focus on growth companies, predominantly in the UK but also in Europe and the US. It provides a broad range of corporate finance and broking services to its corporate clients. For its investment clients it provides sales, trading and research.

It has three main operating divisions: corporate finance; sales, trading and research; and IndexIT.

The corporate finance side generates fees and commissions for issue management, underwriting and corporate advisory services. It provides corporate advisory services to over 90 quoted clients, more than 30 of which are capitalised at over £50m. It is particularly strong in the technology and biosciences sectors.

The sales, trading and research side generates revenue from primary and secondary equity sales and trading. It makes markets in over 140 companies and covers equity research for over 150 companies.

The IndexIT side generates revenue mainly through providing advisory services and raising private equity for unquoted early-stage companies in the enabling technology sector. This part of the business has a natural synergy with the corporate finance side, servicing clients from start-up through to IPO and beyond.

When the group went public in April this year it placed 6.7m shares for vendors and placed 10m shares for the company at 300p a share, valuing it at £196m. Of the £27.3m net proceeds the company invested £20m in the Beeson Gregory Technology Investments fund (BGTI).

BGTI, with its focus on investing in companies in the enabling technology sector, including semiconductor intellectual property, e-commerce, infrastructure software and certain other technology subsectors, has no external investors.

Certainly not to be confused with an incubator fund, BGTI is a very interesting part of the BGG framework. By the end of June it had invested some £8.5m of that £20m.

Those investments include:


Amino Communications (3% equity stake); interconnect technology.
ARC International (0.8%); configurable processor cores.
Beach Solutions (12.5%); hardware-software interfaces.
BrightCom Technologies (7.9%); Bluetooth chips.
DigMedia (undisclosed); music content management tools.
Eliad Technologies (2.1%); rapid visualisation and manipulation software.
Elixir Studios (undisclosed); computer games.
Epoint (15%); e-commerce access technologies.
GameCluster (10%); 3G mobile devices architecture.
Immersive Education (2.5%); interactive educational software.
PalmChip Corp. (4.9%); semiconductor IP cores.
Planet Group (1.8%); Internet payment solutions.
RF Engines (10%); digital signal processing with radio frequency.
Wolfson Microelectronics (3.3%); high performance mixed-signal chips.
On September 8 Beeson will announce its results for the six months to June 30. They should show a very useful set of figures and describe current trading and prospects.

Broker Donaldson, Lufkin & Jenrette, which acted as both sponsor and financial advisor on the float, is looking for pretax profit to almost double from £6.7m to £12.6m, lifting enlarged equity group earnings per share from 11p to 16p. For the coming year, DLJ expects £15.5m, worth 18p per share. For 2002 it goes for £18.1m, generating 21.1p per share.

However, DLJ strikes it absolutely right when it concludes that Beeson shares are a "buy". Using discounted cashflow, it values the core business (excluding BGTI) at 400p a share. BGTI it says is worth £200m -- another 300p a share.

Now I have no problem with taking a bullish stance on Beeson Gregory shares, but a target of 700p does look a bit fanciful. Even at the current 292.5p, the shares have come up 60p in the past week or so. I still feel that they have a lot further to run. My target price would be around the 500p level.

Next week's figures could help push them higher, as could news that ARC International is to seek a £400m float within the next four to six weeks.

ARC International, in which BGTI has a 0.8% stake that cost £1,629,864, designs and licenses configurable processor cores that provide a rapid design solution for embedded ASIC chips. These chips substantially reduce development time for telecom, networking and consumer electronic products. That relatively recently purchased holding looks as though it has already doubled in value, in less than four months. A successful IPO could move the share price another 50% higher, thereby trebling the original investment.

It is the potential of the IndexIT boys and the BGTI fund that makes Beeson so much more than just a plain broking and market making operation. It also makes the shares an absolute steal at the current 292.5p.

[capitalist] 24/8/2000 08:47

Irlon, Thatched

Thanks for that.

I did wonder when this one would start to climb. Sadly I came out too soon.
Oh well, can't get it right every time.
Enjoy
C

[thatched] 24/8/2000 08:44

I was thinking more modestly of Knowledge Management Software, it was mooted it would be placed at c.£3.00 actually placed at £1.30 they have options of 190k shares at placement price.

T.

[irlon] 23/8/2000 22:49

Arc Cores. I believe BGG have 4% in them. Maybe that's the reason. Apparently Arc Cores due to float in Sep at about £600m.



regards

I

[capitalist] 23/8/2000 22:27

Thatched,

That's pretty criptic.. Any suggestions as to which one?
C

[thatched] 23/8/2000 20:48

Maybe they have options in some company or other that could be very profitable
if taken up?

[capitalist] 23/8/2000 17:54

Could not find a thread on these guys so thought I would start one.

Strange happenings today, as far as I can see, Zurich Financial Services Group, through its subsidiary Gresham Trust plc, announced that they no longer have a notifiable interest and the share price jumped up 15%. Trades figures don't look too amazing, so what is going on?
C